PHH Loans definition

PHH Loans. Those Mortgage Loans subject to this Agreement which were purchased by the Seller from PHH and Bxxxxx’x Gate pursuant to the PHH Servicing Agreement.

Examples of PHH Loans in a sentence

  • This Section 1 of this Amendment Agreement shall be effective as of all PHH Loans purchased and sold under the Purchase Agreement on and after December 30, 2002.

  • This Section 1 of this Amendment Agreement shall be effective as of all PHH Loans purchased and sold under the Purchase Agreement on and after December 29, 2003.

  • This Section 1 of this Amendment Agreement shall be effective as of all PHH Loans purchased and sold under the Purchase Agreement on and after June 28, 2004.

  • This Section 1 of this Amendment Agreement shall be effective as of all PHH Loans purchased and sold under the Purchase Agreement on and after June 30, 2003.

  • The representations and warranties contained in this Agreement shall survive the sale of the PHH Loans to PHH and shall not terminate, notwithstanding the termination of this Agreement, any restrictive or qualified endorsement on any Mortgage Note or PHH’s examination or failure to examine any Mortgage File or PHH’s approval of any such PHH Loan for purchase.

  • The Company’s effective income tax rate was 0% for the three months ended March 31, 2022 and 2021 and the realization of any deferred tax assets is not more likely than not.

  • Notification will indicate the file has been submitted for review.Note: The 3.2 file (for applications dated prior to 3/1/2021) or 3.4 file (for applications dated on or after 3/1/2021) must be uploaded prior to a Loan being submitted for review and the Submit For Review step must be completed for the Loan to be considered a good delivery.Upon completion of the upload, the Seller must review to ensure accuracy.The Document Delivery Checklist is required on all PHH Loans being submitted for purchase.

  • This Section 1(b) of this Amendment Agreement shall be effective as of, and retroactive to, all PHH Loans purchased and sold under the Purchase Agreement on and after July 1, 2001.

  • Upon termination of this Agreement, PHH shall not be required to purchase PHH Loans, except as to those for which an Approval Letter has been issued; provided, however, that termination of this Agreement pursuant hereto shall not release any party from liability for its own misrepresentation or for any breach by it prior to such termination of any covenant, agreement or warranty contained herein.

Related to PHH Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • Revolving Loans as defined in Section 2.4(a).

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Permitted Loans means:

  • Revolving Advances means Advances made other than Letters of Credit.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category. “Eligible Purchases” These are from purchases of goods and services you make with your account (a) at certain merchants or of specified types listed in the Schedule; and (b) in which a single or multiple items are purchased in the same transaction totaling certain amounts as listed in the Schedule. Each Eligible Purchase may be kept track of separately on your statement and may be treated as its own Balance Category. Eligible Purchase(s) may also be referenced and abbreviated as “Elig Purch” in some locations in the Schedule.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Bank Loans means debt obligations (including, without limitation, term loans, notes, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans, bridge loans and senior subordinated loans) which are generally documented under a loan or credit facility or pursuant to any loan agreement, note purchase agreement or other similar financing arrangement facility, whether or not syndicated.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Other Loans means one or more Classes of Loans that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.